MENA: Market for Bottles, Jars And Other Containers Of Glass 2024

Market Size for Bottles, Jars And Other Containers Of Glass in MENA

The MENA's market for bottles, jars and other containers of glass soared to $X in 2022, surging by X% against the previous year. Overall, consumption recorded a significant expansion. The level of consumption peaked at $X.7B in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Bottles, Jars And Other Containers Of Glass in MENA

In value terms, glass bottle, jar and container production surged to $X in 2022 estimated in export price. In general, production, however, recorded a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Bottles, Jars And Other Containers Of Glass

Exports by Country

Turkey dominates exports structure, recording X units, which was near X% of total exports in 2022. The United Arab Emirates (X units) ranks second in terms of the total exports with a X% share, followed by Tunisia (X%). The following exporters - Egypt (X units), Oman (X units), Iran (X units) and Syrian Arab Republic (X units) - together made up X% of total exports.

Exports from Turkey increased at an average annual rate of X% from 2019 to 2022. At the same time, Oman (X.1%), Tunisia (X%) and Iran (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in MENA, with a CAGR of X.1% from 2019-2022. Syrian Arab Republic experienced a relatively flat trend pattern. By contrast, Egypt (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. Turkey (X p.p.), Tunisia (X p.p.), Egypt (X p.p.), Oman (X p.p.), Iran (X p.p.) and Syrian Arab Republic (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by X% from 2019 to 2022, respectively.

In value terms, the largest glass bottle, jar and container supplying countries in MENA were Turkey ($X), the United Arab Emirates ($X) and Egypt ($X), with a combined X% share of total exports. Oman, Tunisia, Syrian Arab Republic and Iran lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Syrian Arab Republic, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, reducing by X% against the previous year. In general, the export price, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then dropped remarkably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per unit), while Iran (less than $X per unit) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Imports of Bottles, Jars And Other Containers Of Glass

Imports in MENA

In 2022, overseas purchases of bottles, jars and other containers of glass increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, glass bottle, jar and container imports rose slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Turkey represented the largest importing country with an import of around X units, which amounted to X% of total imports. It was distantly followed by Algeria (X units), Iraq (X units), Tunisia (X units) and Bahrain (X units), together achieving a X% share of total imports. The United Arab Emirates (X units) and Lebanon (X units) followed a long way behind the leaders.

Turkey experienced a relatively flat trend pattern with regard to volume of imports of bottles, jars and other containers of glass. The United Arab Emirates, Lebanon, Bahrain, Algeria, Iraq and Tunisia experienced a relatively flat trend pattern. From 2012 to 2022, the share of Turkey, Algeria, Iraq, Tunisia, Bahrain, the United Arab Emirates and Lebanon increased by X, X, X, X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Algeria ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Iraq, Lebanon, Bahrain and Tunisia lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Iraq, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price continues to indicate a precipitous decrease. The pace of growth was the most pronounced in 2019 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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